Energi Mine, the blockchain platform that financially rewards energy-saving behaviour, in the present day introduced its partnership with Jem Energy, the renewable energy firm specialising in solar energy merchandise. The partnership will see Jem clients rewarded with EnergiTokens (ETK) for buying gear for the era and storage of renewable energy.

Jem Energy is a solar energy specialist that focusses on the know-how surrounding photovoltaic cells, providing a variety of merchandise from solar panel methods, thermodynamic water heating methods and solar battery storage. This partnership will see Jem clients obtain ETK that they’ll spend inside the Energi Mine platform. The tokens may be put in direction of energy payments, claiming reductions on electrical automobile charging and even exchanged for fiat currencies.

Energi Mine is utilizing ETK to revolutionise the worldwide energy market via decentralisation and blockchain know-how. The last word aim is to scale back international energy demand and carbon emissions by making a system of economic incentives for companies and customers to save lots of energy. This partnership marks an extra growth of the rising ecosystem of inexperienced firms that reward clients with ETK, permitting them to trade their tokens for added environmentally optimistic items and companies.

James Rodwell, Director of Jem Energy, mentioned: “In the meanwhile the know-how behind solar energy is progressing quickly, as are the brand new battery applied sciences that underpin renewable energy. Subsequently, on condition that we now have the flexibility to simply retrofit present solar methods and energy infrastructure that’s a few years outdated, the incentivisation that Energi Mine can present will reach nudging folks in direction of making this energetic change.”

Energi Mine has introduced a number of latest partnerships with organisations together with Merely EV – a maker of electrical automobile charging gear, and Electra Automobiles – a UK firm that gives industrial car operators with clear, zero-emission options for his or her heavy items automobiles. This increasing community of Energi Mine companions ensures that customers of the Energi Mine app have a continually rising vary of products and companies they’ll each earn ETK from and spend ETK on, sustaining the suggestions loop of optimistic reinforcement acquired from ETK as a monetary incentive.

“Step one within the struggle towards local weather change begins with the promotion of renewable energy choices to customers,” mentioned Energi Mine CEO Omar Rahim. “It will enable us to minimize our dependence on the fossil fuels that so significantly hurt the atmosphere. Folks require monetary – in addition to moral – incentivisation with a purpose to alter their entrenched behavioural practices and our partnership with Jem Energy supplies precisely this.”

“We’ve got already seen that the federal government’s debasement of the feed-in tariff has had a adverse impact on the usage of renewable energy: charges of solar panel installations have plummeted to a seven-year low, despite the price of installations falling by over 70%. Subsequently, we have to change this misplaced incentivisation so that individuals could make a financially prudent determination in turning to renewables.”

For extra details about Energi Mine and its energy-saving ETK reward scheme, or to grow to be a companion, please go to www.energitoken.com, comply with on twitter at @EnergiMine or be a part of the Energi Mine telegram group